Singapore leads $5b initiative for Asian climate projects
Singapore is collaborating with global partners to amass $5 billion in funding for climate projects focused on…
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Asia
Yen sinks, dollar up on Fed remarks
The US dollar edged lower on Wednesday, while the Japanese yen hovering near its weakest level in 34 years at…
HSBC plans to cut another 20 jobs in Asia
HSBC is reportedly expanding its investment banking job cuts in Asia, with plans to eliminate an additional 20…
India’s largest oil refiner resells US oil
Reliance Industries Ltd. took an unusual move by offering US oil to other buyers in Asia last week, a deviation…
Russia’s railway gasoline exports decline in March
Railway gasoline exports from Russia drastically declined in March due to a fuel embargo, tightening the domestic…
LNG supplies pivoting back towards Asia following price decline
The dynamics of LNG supplies are pivoting back towards Asia following a decline in prices, triggering increased…
AFC raises $1.16b syndicated loan to close Africa infrastructure gap
AFC, the main provider of infrastructure solutions in Africa, has closed its largest-ever debt facility, a $1.16…
Vietnam’s VinFast taps Africa via Ghana
Vietnamese automaker VinFast is partnering with Ghana’s Jospong Group to distribute its electric vehicles (EVs) in…
Singapore witnesses 8% increase in middle distillates stockpiles
Singapore witnessed an 8 per cent increase in middle distillates stockpiles, reaching a high not seen since…
Thailand intensifies efforts to tackle household debt
The Bank of Thailand (BOT) is implementing additional measures to facilitate debt restructuring, targeting a…